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All posts tagged "headline"

  • Kwara offers N150m to small and medium enterprise

    As part of effort to consolidate the need to generate more employment opportunities and economic development of Kwara state, the state government has set aside another N150 million for interested small and medium scale entrepreneurs in the...

    • Posted September 25, 2015
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  • FG begins preparation of 2016 budget

    The Federal Government on Tuesday began the process of the preparation of the 2016 budget for the country. The fiscal document for 2016 will be based on six policy thrusts and it is aimed at stimulating growth...

    • Posted September 24, 2015
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  • CBN cuts CRR to 25%, holds benchmark rate at 13%

    Concerned by the seeming shortage of cash in the banking system as well as the fragile macroeconomic environment, the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) on Tuesday reduced the cash reserve requirement (CRR) to...

    • Posted September 24, 2015
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  • US businesses visit Nigeria for trade expansion

    A trade delegation of 16 United States companies representing multiple sectors visited Nigeria recently. The trade group was part of the largest overall US Government-led trade mission to Africa in history. A statement from the US Consulate...

    • Posted September 24, 2015
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  • Economy could slip into recession – CBN warns

    The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned that the country’s economy could slip into recession by next year if proactive steps were not taken by the Federal Government to revive key...

    • Posted September 24, 2015
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  • Illegal flights: British firm pays N11m fine to NCAA

    The Nigerian Civil Aviation Authority has imposed a fine of N11m on a British firm, Gama Aviation, for allegedly flying its Bombardier Global Express plane into and within Nigeria illegally. The affected company has consequently paid N7m...

    • Posted September 24, 2015
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  • Oil slump: CBN moves to boost agric lending

    As the fall in global oil prices continues to batter oil-producing economies including Nigeria, the Central Bank of Nigeria has begun moves to encourage banks to advance more loans to stakeholders in the agriculture value chain. As...

    • Posted September 24, 2015
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  • Absence of middlemen good for kerosene market – Dealer

    A petroleum products dealer and operator of the Nipco Filling Station, Fadeyi, Lagos State, Mr. Kayode Adepoju, has said eliminating middlemen in the kerosene supply value chain is the best thing that can happen to the market....

    • Posted September 24, 2015
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  • Implementation of e-Dividend Mandate System begins

    Electronic dividend (e-dividend) payment has received a boost as the Securities and Exchange Commission (SEC) informed the investing public that enrolment can now be efficiently conducted at bank and registrar branches nationwide through the online platform. SEC,...

    • Posted September 24, 2015
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  • Emefiele under fire over currency controls – Report

    The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, is coming under fire from economists and investors as the economy reels from the collapse in oil prices, Financial Times has reported. Emefiele had introduced a range of...

    • Posted September 23, 2015
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